Looking for the fastest, easiest way to rebuild your credit?
Rebuilding your credit can often take years, especially if you don’t really know the ins and outs of your credit score, how it’s calculated, and the steps you can take to raise a low credit score. And then there’s the whole no one will give you the credit you need to start rebuilding your credit score problem… yeah, it’s tough to get credit when you have none. But, there are ways that you can get credit, build or rebuild your credit score, and get on the right track financially without having to wait months or even years for your score to creep back up on its own.
Typically, there are two ways to get credit when your score is very low – either open up a secured credit card, or apply for a credit account with a company that specializes in working with people whose credit is less than perfect… and that’s where Fingerhut Credit comes in. That’s right, Fingerhut.
Unlike a lot of creditors, Fingerhut typically approves nearly everyone for an unsecured $300.00 line of credit that you can use to buy merchandise from either their online store or from one of the many catalogs they send throughout the year (my personal favorite is their annual Christmas catalog). And, once you’ve actually used your account, made regular, on time payments, and proven yourself to Fingerhut, they will normally increase your credit limit. And those credit limit increases and your continued regular payments will be reported each and every month to the credit bureaus… helping you to raise your credit score.
But, how does a Fingerhut account help your credit score?
A Fingerhut Credit Account issued by WebBank helps your credit score in two different ways. First and foremost, you’ll actually have “available credit” reported to the credit bureaus, and your “available credit” makes up about 30% of your credit score. Keep your available credit around 65-70% of your total credit and your score will be even better! And secondly, your regular, timely payments make up another 30% or so of your credit score. So, every time you make a payment on your Fingerhut Credit Account, you’re actually building a new payment history, and eventually, your regular, timely payments will also help you to rebuild your credit score.
But what about the products that Fingerhut offers?
What about the products! Unlike the mail order catalogs of old, Fingerhut actually offers hundreds of thousands of name brand products at competitive prices! Products you use every day… clothing, shoes, jewelry, small appliances, toys, and even furniture! All shipped straight to your door in a matter of days.
What’s stopping you from opening your Fingerhut Credit account?
Nothing – it’s as easy as entering your name and address and find out now.